Jindal Steel and Power (JSPL) has recorded highest ever first quarter domestic steel production during April–June 2018. The domestic crude steel production at JSPL’s integrated steel plants at Angul and Raigarh during the quarter April–June 2018 clocked a record 1.23 million tonne (MT), i.e. a rise of 36 per cent from 0.90 mt, a year ago. JSPL also recorded a 46 per cent growth in domestic sales during Q1 2018-19 to 1.18 mt, up from 0.81 mt in Q1 of the previous fiscal. The 9 mtpa pellet plant also recorded its highest ever production during the month of June 2018.
“JSPL is on course to translate its blueprint for enhancing capacity utilisations and efficiencies across all its steel plants. While the ramp up at our 6 MTPA steel plant at Angul is on desired trajectory, the steel plant at Raigarh has set new benchmarks of exceeding excellence,” NA Ansari, CEO–Steel Business, JSPL said. “We are confident of further accelerating the growth momentum–both in production as well as sales–in the forthcoming quarters to record FY 2018-19 as the best ever year in JSPL’s history”, he added.